Recent Updates — RELL

Richardson Electronics reported first-quarter fiscal 2027 results with net sales increasing 18.9% year-over-year to $64.9 million. Net income rose 112.6% to $4.1 million, or $0.27 per diluted share, driven by strong demand in Power and Microwave Technologies and Green Energy Solutions. The company generated free cash flow of $4.2 million and ended the quarter with a backlog of $184.4 million, up 36.9% from the prior year. Additionally, the Board declared a quarterly cash dividend of $0.06 per share to common stockholders, payable on November 25, 2026, to holders of record as of November 6, 2026. Richardson Electronics is a global manufacturer of engineered solutions, green energy products, power grid and microwave tubes, and related consumables.

Richardson Electronics reported first-quarter fiscal 2027 results with net sales increasing 18.9% year-over-year to $64.9 million, driven by growth across all three business units including Power and Microwave Technologies and Green Energy Solutions. Net income rose 112.6% to $4.1 million, or $0.27 per diluted share, while free cash flow reached $4.2 million. The company also announced a quarterly cash dividend of $0.06 per common share, payable on November 25, 2026, to shareholders of record as of November 6, 2026. Richardson Electronics operates in the global market for engineered solutions, green energy products, power grid and microwave tubes, RF components, and customized display solutions.

Richardson Electronics reported fourth quarter net sales of $66.2 million, a 27.6% increase year-over-year, and GAAP net income of $3.7 million, or $0.25 per diluted share. Fiscal 2026 net sales grew 9.4% to $228.6 million, while backlog reached a three-year high of $164.4 million. The Board of Directors declared a $0.06 per share quarterly cash dividend payable on August 26, 2026. The company is a global manufacturer of engineered solutions, green energy products, and microwave tubes serving various industrial and semiconductor markets.